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Tesla Motors Announces Date for Second Quarter 2011 Results

July 12, 2011

PALO ALTO, Calif. -- Tesla Motors, Inc. (NASDAQ: TSLA) announced today that it will post its financial results for the second quarter ended June 30, 2011, after market close on Wednesday, August 3, 2011. At that time, Tesla will issue a brief advisory release via Marketwire containing a link to the second quarter 2011 letter to shareholders with financial results on its website. Tesla management will hold a live Question & Answer (Q&A) session at 2:30pm Pacific Daylight Time (5:30pm Eastern Daylight Time) to discuss the Company's results.

What:
Tesla Motors, Inc. Second Quarter 2011 Financial Results Q&A Conference Call

When:
August 3, 2011

Time:
2:30pm Pacific Daylight Time / 5:30pm Eastern Daylight Time

Shareholder Letter:
http://ir.teslamotors.com

Webcast:
http://ir.teslamotors.com (live and replay)

Live Call:
(877) 312-5519 / (760) 666-3771 (International)

Approximately two hours after the call, a digital recording of the Q&A session will be available for a period of two weeks following the date of the call. To access the recording, please dial in to one of the following numbers using the conference ID shown.

Replay Dial In #: (855) 859-2056 -- Conference ID: 83022151

International Replay Dial In #: (404) 537-3406 -- Conference ID: 83022151

The webcast will also be archived on the Company's website for a period of one year following the date of the call.

About Tesla

Tesla's goal is to accelerate the world's transition to electric mobility with a full range of increasingly affordable electric cars. Palo Alto, California-based Tesla designs and manufactures EVs and EV powertrain components. Tesla has delivered more than 1,650 Roadsters, the world's first electric sports car, to customers world-wide. Model S, the first premium sedan to be built from the ground up as an electric vehicle, goes on the market in mid-2012.

For additional information, please visit ir.teslamotors.com.


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